Housing Prices in 07481, NJ
How much do homes in 07481, NJ cost?
Median List Price
$949,000
$359/sqft
Based on all homes listed in the last 12 months.
Difference Since April 2023
Key Takeaway
The list price of homes in 07481 has increased by 5.6% since last year.
Summary: The median home list price in 07481 was $949,000 in April 2024, up 5.6% from the previous year, and the median price per square foot was $359.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $641.2K | $649K | +1.2% |
| 3 Bedrooms | $699K | $749K | +7.2% |
| 4 Bedrooms | $949K | $949.4K | 0.0% |
| 5+ Bedrooms | $1.3M | $1.5M | +18.4% |
Summary: 07481 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 7.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18.4%.
Housing Supply in 07481, NJ
How many homes are available in 07481, NJ?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 24 | +118.2% |
Summary: The 07481 real estate market had 24 homes for sale in April 2024, a 118.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 4 | 10 | +150.0% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The 07481 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 60%.
Days on Market for 07481, NJ
How long does it take to sell a home in 07481, NJ?
Average Listing Age
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 90 Days | 31 Days | -64.9% |
Summary: Homes in 07481 had an average listing age of 31 days in Apr 2024, down by 64.9% compared to the previous year.
